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Zillow to Open New Office, Grow Mortgage Marketplace in Lincoln, Neb.

Grand Opening Scheduled for Thursday, Sept. 12; New Office Will Be Headquarters for Mortech

LINCOLN, Neb., Aug. 28, 2013 -- Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today announced it will open a new office in Lincoln, Neb., to serve as headquarters for Mortech® , a Zillow® business that provides essential software tools to the mortgage industry. The new office, located at 5940 S. 57th St., will open this summer. A grand opening ribbon-cutting event with the Lincoln Chamber of Commerce is scheduled on Thursday, Sept. 12.

The new office will house primarily the Mortech team. Zillow acquired Mortech, which was founded in Lincoln 26 years ago, in 2012. The company plans to staff more than 50 employees in its new office.

"Our employees are quite excited about our new contemporary space, and have been anticipating the move," said Don Kracl, vice president of mortgage tools for Zillow. "As our team continues to expand and grow, it has become increasingly more important to have state-of-the-art facilities to assist in our developing business and operations."

"Mortech, and its employees, are an essential part of Zillow, and we're thrilled to open this new office, which will give them the space and infrastructure they need to continue to successfully grow our mortgage business," said Zillow CEO Spencer Rascoff.

The location includes 7,200 square feet of space and will be home to more than 40 employees, with room to grow as Zillow continues to hire. Open positions in the Lincoln office include software engineers, system administrator, customer support representative and data integrity specialist. See all positions at www.zillow.com/jobs/.

This will be the second office for Zillow and Mortech in Lincoln. Some operations will remain in Mortech's existing office at 5960 S. 57th St.

Zillow, which has been recognized as a great place to work by Seattle Met magazine, employs more than 685 people nationwide. In addition to its Seattle headquarters and new Lincoln, Neb. office, Zillow maintains offices in New York, Chicago, Irvine, Calif., and San Francisco.

About Zillow, Inc.

Zillow, Inc. (NASDAQ: Z) operates the leading real estate and home-related marketplaces on mobile and the Web, with a complementary portfolio of brands and products that help people find vital information about homes, and connect with the best local professionals. Zillow's brands serve the full life cycle of owning and living in a home: buying, selling, renting, financing, remodeling and more. In addition, Zillow offers a suite of tools and services to help local real estate, mortgage, rental and home improvement professionals manage and market their businesses. Welcoming more than 61 million monthly unique users in July 2013, the Zillow, Inc. portfolio includes Zillow.com® , Zillow Mobile, Zillow Mortgage Marketplace, Zillow Rentals, Zillow Digs™, Postlets® , Diverse Solutions®,Agentfolio™, Mortech® and HotPads™. The company is headquartered in Seattle.